X iong Haitao is a director and significant shareholder of Kingfa Sci. & Tech. Co., one of the world's largest suppliers of modified plastics. She has been involved with the company alongside her husband, Yuan Zhimin, who founded the business in 1993. Based in Guangzhou, Kingfa produces advanced materials used in automobiles, household appliances, and electronics, establishing itself as a leader in the new materials industry.
Xiong's wealth and profile grew significantly during the global pandemic in 2020, when Kingfa successfully pivoted to enter the medical and protective gear market, producing face masks and gloves. This strategic diversification boosted the company's revenue and stock price. As a key member of the leadership team and a major equity holder, she continues to play a vital role in the company's expansion and governance.
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Xiong Haitao is a Chinese businesswoman, a director of Shanghai-listed Kingfa Sci. and Tech (SHA: 600143), a major plastics supplier.
Xiong is the wife of Yuan Zhimin, who founded Kingfa in 1993. The company saw a significant business diversification during the global pandemic, when it entered the markets for medical and protective gloves in 2020.
Xiong Haitao's career is defined by her governance role and ownership stake in the major industrial firm Kingfa Sci. and Tech. Her structural contribution is tied to the long-term stability of the plastics supplier, founded by her husband in 1993.
A key development during her tenure was the company's swift pivot in 2020 to manufacture medical and protective gloves in response to the global pandemic, capitalizing on the massive increase in demand for personal protective equipment (PPE).
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Husband Yuan Zhimin founded Kingfa.
Kingfa entered the markets for medical and protective gloves.
Serves as a director.
Xiong Haitao's wealth is concentrated in her family's substantial stake and continued leadership role in the publicly traded industrial manufacturer, Kingfa Sci. and Tech.
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+0.17% | +$3.76M
-0.02% | -$0.76M
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